 SAN FRANCISCO (KCBS) -- With so many people trying to save on gas costs, hybrid dealers are backing off of price discounts. But with gas prices continuing to rise, it’s still a good deal.
According to Edmunds.com, people who buy a Toyota Camry hybrid will recoup their cost in less than two years.
”When I run my numbers it looks like it would take about four and half years to get a payback, but that’s at $3.67a gallon, which is the national average. A lot of us are paying a lot more than that, so it would happen sooner,” said John McElroy, an auto industry analyst.
If you were to buy a Lexus LS600 hybrid, at $106 thousand dollars, it would take you over a hundred years to recoup the costs.
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KCBS' Holly Quan reports
